DICV’s vehicle exports more than doubled compared to the previous year, crossing the marks of 30 export markets and 7,500 units since the start of exports in 2013. One highlight in this area was the presentation of the first heavy-duty trucks built by DICV for the Mercedes-Benz brand, which were showcased in November 2016 in advance of their market launch in Indonesia.

Beyond completely built trucks and parts, DICV has already exported several hundred bus chassis produced at its bus plant, located next to the truck plant on the premises of DICV’s manufacturing complex in Oragadam near Chennai.

In fact, segment leaders like Maruti Suzuki, Tata Motors and Hero MotoCorp have reported de-growth of 34.3 per cent, 45 per cent and 20 per cent, respectively giving a clear indication of a prolonged slowdown in the sector.